4 entities holding 7.73mln shares exit Incolease
- Date: 15-Apr-2022
- Source: Zawya
- Sector:Financial Markets
- Country:Middle East
4 entities holding 7.73mln shares exit Incolease
ArabFinance: A consortium comprises Banque Misr, Misr Insurance, Misr Life Insurance, and National Investment Bank (NIB) has sold all their stake in International Company for Leasing’s (Incolease) (ICLE) for a price of EGP 41 per share, according an emailed press release on April 14th.
The consortium owned 7.73 million shares in Incolease.
Incolease is an Egypt-based company engaged in the provision of customer service and personalized financial solutions.
The company leases a range of assets, including commercial vehicles, machinery, information technology equipment, production lines, real estate, and other tangible and intangible long-term assets.
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